Daily Management Review
Economics

Majority Of EU Coal Plants Are Loss Making, Says A Carbon Tracker Report

Carbon Tracker, a think-tank that is focused on examining the impact of climate change on financial markets, has claimed that no profits are made by at least four-fifths of coal-fired power plants in the European Union.   The study, which was published in a the form of a new report recently,...

South Korean GDP growth in Q3 slows more than expected

South Korean economic growth in the III quarter slowed more than expected, according to preliminary data from the Bank of Korea. South Korea's GDP increased by 0.4% compared with the previous quarter after rising by 1% in the II quarter. Analysts surveyed by Bloomberg predicted growth of 0.5%....

Investors in Telegram refuse to claim money back, decide to wait until April

Investors of both rounds of financing the TON project, by a majority vote, refused to demand a return on the money invested in the project and agreed to wait until the blockchain platform is launched in April, Forbes sources said. Investors in the Telegram Open Network (TON) blockchain platform...

US-China Trade War: Job Cuts Being Done By Some US Electronics Factories

A number of electronics factories in the United States are now facing the heat of the US-China trade war. According to a survey conducted by an industry body, a number of electronics factories in the US have slowed down investment and scaled back hiring or have even started to lay off employees as...

Experts assessed US senator Warren's threats to ban shale oil production

Experts assessed potential consequences of the ban on allocation of new plots of federal land in the United States for the extraction of fossil fuels, as well as the ban on the use of hydraulic fracturing technology. 70-year-old US Senator Elizabeth Warren from Massachusetts, one of the Democratic...

Corporate Cash Spending Drops Sharpest By In A Decade

According to a new report from analysts at Goldman Sachs, there has been a slump in investment and spending by corporate America at the fastest rate in a decade because of economic worries.   According to the predictions by the investment bank, there will be a decline of 6 per cent in 2019...

Ecuador restores oil production volume after protests

The Ecuadorian Ministry of Energy announced restoration of oil production in the country after a number of fields in the Amazon, previously blocked by protesting Indians, returned to normal operation. "After resuming activity in the oil fields of the Amazon region, the Ministry of Energy and...

China Asks Permission Form WTO To Impose $2.4 Billion In Tariffs Against US

China has appealed to the World Trade Organization (WTO) to seek an approval to impose tariffs on $2.4 billion on United States imports into the country in retaliation for Washington not complying to an order from the WTO that was passed by it during the presidency of Barak Obama, showed a document...

Brexit Deal Decision Voted To Be Delayed By UK Parliament

The deal for the exit of the United Kingdom form the European Union as agreed between the Prime Minister Boris Johnson and the EU leaders in Brussels last week was voted to be delayed by British MPs. The majority of law makers argued that they needed more time to conduct a thorough study of the...

Economies Around The World Feeling The Pinch Of Trump’s Trade War

It is not only China that is feeling the pinch of its trade war with the United States but and the collateral damage is being felt in many other parts of the world.   At the International Monetary Fund and World Bank fall meetings in Washington this week, grim tales of suffering economies...
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